Value of Exports to Jamaica from California
CAJAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,155,686.00
Year-over-Year Change
-28.30%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Jamaica from California measures the dollar value of goods and services exported from California to Jamaica. This metric is important for economists and policymakers to understand California's trade dynamics with a key Caribbean trading partner.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series represents the total value of exports originating from California and shipped to Jamaica. It provides insight into the commercial relationship between the two economies and can inform trade policy and market analysis.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.
Historical Context
Policymakers and trade analysts use this metric to assess California's export performance and the state's competitiveness in the Jamaican market.
Key Facts
- California is a major exporting state, accounting for over 10% of total U.S. exports.
- Jamaica is an important trading partner for California, ranking among the top 50 export destinations.
- The value of California's exports to Jamaica has grown by over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of goods and services exported from the state of California to the country of Jamaica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into California's trade relationship with Jamaica, a key market for the state's exporters. It is useful for analyzing export performance and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess California's export competitiveness and inform decisions around trade agreements, market access, and export promotion initiatives.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delay in reporting due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Jamaica from California (CAJAMA052SCEN), retrieved from FRED.